Post by
MJB4231 on Mar 01, 2022 1:53pm
Brent crude
Oil @ 105.00 U.S barrel and we are at 0.025 Absolutely speechless
Comment by
copperplay on Mar 01, 2022 2:07pm
a complete restructuring is necessary here. Sometimes you need to break things down in order to put them back together the way you want If rumours are true this is imminent
Comment by
StratCap on Mar 01, 2022 2:21pm
Might as well do it right. Band-aid solutions will just delay the inevitable.
Comment by
GeorgiaStreetE on Mar 02, 2022 2:17am
Oil could do multiples if Putin cuts off oil, or sanctions end up covering Russian oil
Comment by
babyofbullion on Mar 02, 2022 4:55am
That will give management more incentive to fight our case even harder. Some positive news update and a raise to pay for arbitration / legal case would please me.
Comment by
copperplay on Mar 02, 2022 8:10am
what more do you need to see here with your own eyes? 6 months and no updates Oil at $115 yet SNV at 2 cents Time for change
Comment by
babyofbullion on Mar 02, 2022 8:45am
I will not be happy if there's a total change of direction and the loss of is accepted by management. Existing shareholders in reverse takeovers are usually hammered.
Comment by
copperplay on Mar 02, 2022 8:51am
if the loss was not expected by management there would be a pp at 2.5 cents LED by management. Just like before. Any financing under $500,000 does not require a roll back of stock. Do you get it now Baby??
Comment by
babyofbullion on Mar 02, 2022 10:38am
That assumes that the management team are self serving, which may absolutely be the case, but they may also realise that if there is material news and they do a PP without informing the market then it is immoral and illegal. With your perspective I'm not sure why you'd invest here (or any penny stock) as you'll always get screwed if you have corrupt management like that
Comment by
MJB4231 on Mar 02, 2022 10:48am
I'm very disappointed in the leadership of Kirk.. Not a single quote or direction of company. Not sure if he's simply a token figure head sitting in Australia or if he's in Indonesia getting something done. Unconscionable to investors if he's not working hard on this. I'm hoping next NR is him speaking as a quote as to why these delays and where we are going forward
Comment by
copperplay on Mar 02, 2022 10:48am
shareholders are getting screwed there is no question about that How much and how badly depends on what comes next 500,000 on bid at 2 yet no one will buy at 2.5...screams pp coming
Comment by
StratCap on Mar 02, 2022 11:36am
Cash and Cash Equivalents as at Sept 30, 2021 was $124,000. That was 5 months ago. Money will be needed soon to keep the lights.
Comment by
copperplay on Mar 02, 2022 11:42am
Exactly Strat and AGM deadline is March 15 or then what? Delisted or halted? does anyone know the answer? Time for change one failure after another
Comment by
copperplay on Mar 02, 2022 12:04pm
And they continue on the payroll as nothing happens
Comment by
GeorgiaStreetE on Mar 02, 2022 1:33pm
Nobody in their right mind is for a complete overhaul here. Your shares would go from 0.02 to 0.00000000000002. It would be your money being lit on fire to keep the lights on. That is the absolute worst case scenario, far beyond sitting and waiting
Comment by
copperplay on Mar 02, 2022 8:46am
who is sticking by this current management team? Please stand up and explain why I would like nothing more than a complete overhaul here with new name, symbol and management. Get rid of all current people way to many mixed messages over reserve reports and ultimately our stock price failure. Now what the %$#!@ is taking so long? Make a bloody decision and move forward